Mark Slater’s Weblog

Musings about work, life, and all things in between

bailout of the newspapers

Printing press from 1811, photographed in Muni...
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what a joke.

this article this morning got me going

Look i am sympathetic to those employees who are facing displacement, and loss of lifetime guarantees (;)) but lets face facts. the economics of the distribution model for newspapers are broken. its simple – people are consuming their news online.

But now we have to suffer through comments from this crook Kerry:

Washington Times has the quote: “America’s newspapers are struggling to survive, and while there will be serious consequences in terms of the lives and financial security of the employees involved, including hundreds at the Globe, there will also be serious consequences for our democracy where diversity of opinion and strong debate are paramount.”

last i checked, our democracy is alive and thriving across the millions of blogs and more professional journalistic digital epicenters including the online home of all those papers that are threatened. To make the argument that the extinction of a paper will threaten the freedom of the press is absurd. What is being extinguished is HOW you deliver, not WHAT you deliver.

juxtapose this with our favorite pandering pay for hire politicians that will soapbox their way to some type of systemic risk argument associated with the demise of the paper, and you begin to get a much clearer picture of the problems with our democracy.

And we didn’t vote for you so that you could represent a vested interest in Washington. Market economics should be the only barometer that decides the fate of the globe. Just because your generation ‘surfs’ rarely doesn’t mean you have to impose your printing press on us. our press is called wordpress, and it atomizes and prints news and opinion that i get to consume from all over the world. our version of freedom of speech is digital and more powerful than yours to a significant exponent.

The new world order is about millions of opinions – accessible instantaneously – not just yours. I’ve said this before – you have a choice. Join the conversation, and adjust your business model with the times (IE furlow your printing presses – see car companies and dealers, or music labels if you want to know what is coming next) or die.

Next up on deck. (take your pick)

- Television

- consumer finance

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Filed under: social media, the economy

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